Guys lets compare Blackcoin to Mintcoin
i was thinking about that mint is better but:
Something is interesting:
After 5 weeks PoW mining, there will be 20 billion PoW coins generation.
BUT mint was 1% premined that mean devs have 1% of 70Bil - 700m
.
Now tricky part:
20 000m - All POW
700m - premined Devs
And now stake prarty will start who will have nest 7/200 of all new generated stake coins ...?
Yea gues who :-D ?
1st year income (20%):
700m : 140m devs - bahama jamaka hollydays one ferrari for all
20 000 : 4000m others
I gues BC is much more fair coin than premined mint...
1% premine with their stake structure is not 1%
it is about 1% now and 3,5% of all future coins...
1% premine give you 3,5% of next generating coins.So dev will have 1%+3,5% - profit.
Maths here is simple guys.
Fuck me i realized whole shit right now...
Now that 1% dont looks so nice.